Jump to content
BANGKOK 21 May 2019 21:38
Dario

Unbelievable! Intl bank transfer arrives here after just 5½ hours

Recommended Posts

My current TW was initiated last Thursday (although I didn't send the funds until the following day whilst awaiting them to confirm they had "tagged" the transfer to use their local Kasikorn banking partner, to ensure the funds would be credited to my Kasikorn account as an International deposit).  As yet, it has still not arrived (now over one week later).  OK, I accept that there would be delays over the Thai holiday period, and that "tagging" the transfer can cause an extra delay.

 

FWIW, Xendpay have recently contacted me asking why I no longer use them, saying they have significantly improved their FX rates and reduced their fees, and they appear to now be very competitive with TW.  Good to hear that they are also very quick. (When I used them previously they would take 5 days or so.)

 

But I'm interested to hear how the OP's deposit was coded - Intl or domestic?  If they can ensure transfers are coded as Intl then it may well be worth going back to them.

Share this post


Link to post
Share on other sites

Comparison, 1st is TW and 2nd is Xendpay:

 

 

Transferwise.JPG

xendpay.JPG

  • Like 1

Share this post


Link to post
Share on other sites
4 minutes ago, steve73 said:

But I'm interested to hear how the OP's deposit was coded - Intl or domestic?

Important question!

  • Like 1

Share this post


Link to post
Share on other sites
17 minutes ago, trd said:

I can beat that. Transferwise in 2 hours!

Mine arrives from Canada in 1 hour and 59 minutes.

Cheap fee in my opinion at $13 Cdn.

But I think I'm getting beat pretty bad on the exchange rate.

Share this post


Link to post
Share on other sites
2 minutes ago, AAArdvark said:

Important question!

Domestic, if you can call that so. I made a SEPA transfer to London.

Share this post


Link to post
Share on other sites
4 minutes ago, AAArdvark said:

Comparison, 1st is TW and 2nd is Xendpay:

 

 

Transferwise.JPG

xendpay.JPG

???

In this example. XP appears to give you almost 200bt MORE than TW.

  • Haha 2

Share this post


Link to post
Share on other sites
Mine arrives from Canada in 1 hour and 59 minutes.
Cheap fee in my opinion at $13 Cdn.
But I think I'm getting beat pretty bad on the exchange rate.
I doubt that because TW gives the mid market rate which is always better than a bank.

Share this post


Link to post
Share on other sites

Also, their "no transfer fee" isn't free if you transfer anything large and gets very confusing.

  • Like 1

Share this post


Link to post
Share on other sites
2 minutes ago, neeray said:

Mine arrives from Canada in 1 hour and 59 minutes.

Cheap fee in my opinion at $13 Cdn.

But I think I'm getting beat pretty bad on the exchange rate.

So, you beat me in time. I rather get it in 5½ hours and pay nothing. I used to be a a Transferwise customer years ago.

Share this post


Link to post
Share on other sites
35 minutes ago, trd said:

I can beat that. Transferwise in 2 hours!

Better yet, Western Union less than 15 minutes.  Used them many times but do not like it because they give low rates, but it is fast in an emergency that is what counts.

'nuf sed.

Share this post


Link to post
Share on other sites
Just now, wotsdermatter said:

Better yet, Western Union less than 15 minutes.  Used them many times but do not like it because they give low rates, but it is fast in an emergency that is what counts.

'nuf sed.

Yeah, but at a price. For me it's just pensions. I get to transfer two every month.

Share this post


Link to post
Share on other sites

I can beat all those times. I can transfer $10,000 from Australia to Thailand ..

and I can have it in 5 minutes.  True .....

  • Haha 1

Share this post


Link to post
Share on other sites

What do you use as 'local' bank account to keep your own currency in?

 

I am using the borderless account on TW which act as an bankaccount and company can

send money to it and when I need I transfer from that account,  but am looking for another options too.

 

I could not keep my own country bank account as it was by policy only for residents of my country, and I 'left' after the card expired.

  • Like 1

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...